Hi traders,
this setup is similar to the USDJPY's one. We are testing a resistance level (blue line) and we created a double bottom with rsi divergence and then we broke that to the upside, giving us reason to believe in a change of trend.
So we wait for a . 618 retracement of the impulse leg that broke the double bottom and then we buy the market.
First target at the retest, with roughly a 1:1 RR, and second target for a bigger move to the upside.

If you have any comment, please do underneath.
Otherwise, see you in the next chart!

Trade active

Trade closed: target reached:
First target hit, moved stop to break even